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Coinbase Cuts 25 Perpetual Futures as It Streamlines Derivatives Lineup

8h ago
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  • Coinbase suspended trading for 25 perpetual futures contracts and automatically settled any remaining open positions.
  • The affected contracts included TRB, RARE, NEIRO, A, ME, XTZ, KMNO, CLANKER, SOPH, and BIGTIME, among many more.
  • Coinbase said the move is part of a wider effort to streamline its perpetual futures lineup and improve liquidity.

Coinbase has suspended trading for multiple perpetual futures contracts and automatically settled all remaining open positions, marking a fresh cleanup of its derivatives lineup. According to a post highlighted by Wu Blockchain, the suspended contracts included TRB, RARE, NEIRO, A, ME, XTZ, KMNO, RAY, STX, ENS, GMT, SNX, 1000FLOKI, 0G, ORDI, NIL, BIO, UMA, BEAM, INIT, SOMI, EGLD, CLANKER, SOPH, and BIGTIME.

Coinbase Markets later confirmed the suspension and published the final settlement prices for each contract. The exchang…

Read The Full Article Coinbase Cuts 25 Perpetual Futures as It Streamlines Derivatives Lineup On Coin Edition.

8h ago
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